ADF invests in dollar-denominated fixed income instruments, primarily targeting stable returns and capital preservation.
Date
20-JAN-26
Bid(₦)
114.61
Offer(₦)
114.61
YTD
-0.49%
Benchmark
6.86%
RISK LEVEL
MEDIUM
About this fund
The Afrinvest Dollar Fund is an open-ended mutual fund which invests in Dollar denominated Securities issued by the Nigerian government or corporate entities. The objective of the Fund is to achieve income generation and capital appreciation in the short to medium term for investors with dollar flows. The fund is designed to deliver higher returns than what is obtainable from the average domiciliary account in the local banks. The Fund is approved by the Securities & Exchange Commission, and your funds are safeguarded by a Custodian Bank.
Key information
Min. Investment
$1,000
Lock-in period
180 days
Category of fund
Fixed Income
Inception date
2020
Net Asset Value
$2.5m
Asset Allocation
Nigeria Sovereign Eurobond (0-80%), Corporate Eurobonds (0-80%), Cash (0-5%)
Fund Manager
Afrinvest Asset Management Limited
Custodian
UBA Global Investors
trustee
Emerging Africa Trustees Limited
registrar
Africa Prudential Plc
Fund Return
Year
Performance
Benchmark
2020
14.1%
2.5%
2021
-6.8%
5.2%
2022
7.2%
10.6%
2023
6.5%
9.2%
2024
6.2%
9.3%
2025
7.8%
6.1%
Expense information
Year
NAV
total Expenses
Expense Ratio
2020
700,083,000.00
13,737,000.00
1.96%
2021
752,432,000.00
15,841,000.00
2.11%
2022
748,282,000.00
19,709,000.00
2.63%
2023
1,525,062,000.00
26,540,000.00
1.74%
2024
2,705,713,000.00
50,959,000.00
1.88%
Fund objective
The objective of the Fund is to achieve income generation and capital appreciation in the short to medium term for investors with dollar flows.
The Afrinvest Dollar Fund is an open-ended mutual fund that invests in U.S. Dollar-denominated securities issued by the Nigerian government or corporate entities. The goal of the fund is to generate income and capital appreciation over the short to medium term, specifically for investors with dollar flows.
You can start investing in the Afrinvest Dollar Fund with as little as $1,000. This makes it accessible to a wide range of investors seeking exposure to Dollar-denominated assets.
The fund invests in a diversified portfolio of Dollar-denominated securities, including FGN Eurobonds and Corporate Eurobonds. This mix allows the fund to tap into high-quality, Dollar-based assets with growth potential.
Yes, the Afrinvest Dollar Fund offers flexibility with free entry and exit for investors. You can invest or redeem your funds subject to the prevailing Fund price at the time of the transaction.
The Afrinvest Dollar Fund is ideal for clients with future Dollar obligations, those wishing to diversify their portfolios, clients seeking capital preservation, and Nigerians in the diaspora who want to invest in Dollar-denominated assets.
Invest in ADF
Download the Optimus by Afrinvest app to invest in AEF and other funds.
